News

Exports fell by 87,000 bpd month-on-month as Iraq signaled its intention to adhere to production pledges and support global ...
Political tensions skyrocket after recently announced gas deals, resulting in legal challenges and threats to Kurdistan's ...
Basra's Tuba oil field is the centerpiece of a Chinese-Iraqi consortium's mega-deal that includes upstream, refining, ...
Iraq is expanding its port capacity, including a fast-track project to import liquefied natural gas in time for this summer's ...
U.S. firms HKN and WesternZagros have signed agreements for upstream gas development at the Miran and Topkhana fields.
Iraq's oil exports averaged 3.365 million barrels per day (bpd) in April, according to preliminary Oil Ministry data — an apparent decrease compared to March. Revenues also fell due to weakening oil ...
Iraq's nationwide crude production fell by about 60,000 barrels per day (bpd) in February, largely due to a partial outage at the Rumaila oil field caused by a large fire that destroyed a storage tank ...
UPDATE: This story has been updated to reflect the Oil Ministry’s revised official export figures for February. The original data showed 3.308 million bpd in federal exports, yielding an Iraq Oil ...
Iraq's most prolific oil field temporarily lost about 120,000 bpd of production after 60 wells were taken offline in response to a storage tank fire. A fire burns at Degassing Station 5 off the ...
Steep reduction at Rumaila brought Iraq's December production average to its lowest level in 18 months as Iraq continues to restrain output in an effort to meet OPEC-plus expectations. Personnel from ...
A long-sought deal is getting high-level political attention, and some officials expect to clinch an initial contract in January. Iraqi Oil Minister Hayyan Abdulghani (center) leads a meeting with ...
Oil companies operating in Kurdistan scored a significant legal victory in Baghdad as a court rejected an Oil Ministry appeal and reversed prior rulings that had invalidated several upstream oil ...